Bruno Caron and the Morton's Fork Facing Retirees
David Macchia
Visionary entrepreneur, retirement income industry innovator, consultant to life insurers, and creator of financial technologies and products that attracted more than $150 billion in investment assets.
Bruno Caron is a top retirement income expert, actuary, author, and Co-host of the popular That Annuity Show podcast. He wrote an excellent book about retirement income planning called. Lifetime Income to Retire with Strength. See link below.
Today's video was inspired by an email Bruno sent me recently, where he asked me to think about someone contributing $10 per year to a 4O1(k). Bruno's point being that when we are young, it's the contribution that drives account value growth. When we are older, it is investment returns, and eventually withdrawals that become the all-important issue. How does this lead to a Morton Fork? Please watch the video to learn how.
You can purchase Bruno's book here: Lifetime Income to Retire with Strength: ...because there is a cost associated with living.: Caron, Bruno, Buttell, Amy E., Devine, Colin: 9781082296246: Amazon.com: Books